Augusta Closes $32.5 Million Share Offering

- March 12th, 2010

Augusta Resource Corporation (TSX:AZC)(NYSE Amex:AZC) reported that the company has closed the $32.5 million bought deal financing, announced February 23, 2010.

Augusta Resource Corporation (TSX:AZC)(NYSE Amex:AZC) reported that the company has closed the $32.5 million bought deal financing, announced February 23, 2010.

The press release is quoted as saying:

Augusta plans to use the net proceeds of this financing to advance the development of the Rosemont Copper property located in Pima County, Arizona and for general working capital purposes.

Click here to access the entire press release

Click here to access Augusta Resource Corporate Site

Leave a Reply